Agricultural firm Kakuzi #ticker:KUKZ has issued a profit warning for the year ended December, citing reduced avocado production and lower prices of the commodity in European markets.
The firm listed on the Nairobi Securities Exchange #ticker:NSE made a net income of Sh622 million the year before, indicating that it anticipates its net earnings to fall by at least 25 percent to Sh466.5 million in the review period.